Product Code: ETC4524925 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India electrical bushings market import shipment experienced a significant decline with a negative CAGR from 2020-2024. However, there was a notable rebound in growth between 2023 and 2024. Overall, the market showed signs of stabilization after a period of contraction, indicating a potential turnaround in the near future.
The India Electrical Bushings market is experiencing steady growth due to the expanding power infrastructure, the growth of renewable energy sources, and the need for reliable electrical connections. Electrical bushings play a vital role in insulating and connecting different electrical components in power transformers and substations. With the government`s emphasis on upgrading the power grid and the increasing demand for clean energy, the market for electrical bushings is on the rise. Both domestic and international manufacturers are actively involved in supplying high-quality electrical bushings tailored to meet the specific requirements of the India market.
The demand for electrical bushings is driven by the growth of the power transmission and distribution sector. With the expansion of the electrical grid and the integration of renewable energy sources, the need for reliable insulation and connection solutions in high-voltage equipment is increasing.
The electrical bushings market in India grapples with challenges related to product quality and reliability. Designing bushings that can withstand electrical stress and environmental conditions is crucial. Additionally, addressing the need for standardized bushing designs across the industry is a continuous concern.
The electrical bushings market in India experienced challenges during the COVID-19 pandemic. The disruptions in supply chains and manufacturing affected the availability of electrical bushings. Project delays and postponements in the power sector had a direct impact on the market. However, as the government continues to invest in power infrastructure, and with the growing need for reliable electrical systems, the electrical bushings market is expected to rebound in the post-pandemic period.
Key players in the India electrical bushings market include Crompton Greaves (now part of CG Power and Industrial Solutions) and ABB. They produce electrical bushings used in transformers and electrical equipment for insulation and connection purposes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Electrical Bushings Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Electrical Bushings Market Revenues & Volume, 2021 & 2031F |
3.3 India Electrical Bushings Market - Industry Life Cycle |
3.4 India Electrical Bushings Market - Porter's Five Forces |
3.5 India Electrical Bushings Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Electrical Bushings Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
3.7 India Electrical Bushings Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.8 India Electrical Bushings Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 India Electrical Bushings Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Electrical Bushings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in the energy sector in India |
4.2.2 Growing demand for electricity and power infrastructure |
4.2.3 Government initiatives to improve electrification in rural areas |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from local and international electrical bushing manufacturers |
4.3.3 Stringent regulations and standards in the electrical industry |
5 India Electrical Bushings Market Trends |
6 India Electrical Bushings Market, By Types |
6.1 India Electrical Bushings Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Electrical Bushings Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Electrical Bushings Market Revenues & Volume, By Oil Impregnated Paper, 2021-2031F |
6.1.4 India Electrical Bushings Market Revenues & Volume, By Resin Impregnated Paper, 2021-2031F |
6.2 India Electrical Bushings Market, By Insulation |
6.2.1 Overview and Analysis |
6.2.2 India Electrical Bushings Market Revenues & Volume, By Porcelain, 2021-2031F |
6.2.3 India Electrical Bushings Market Revenues & Volume, By Polymeric, 2021-2031F |
6.2.4 India Electrical Bushings Market Revenues & Volume, By Glass, 2021-2031F |
6.3 India Electrical Bushings Market, By Voltage |
6.3.1 Overview and Analysis |
6.3.2 India Electrical Bushings Market Revenues & Volume, By Medium Voltage, 2021-2031F |
6.3.3 India Electrical Bushings Market Revenues & Volume, By High Voltage, 2021-2031F |
6.3.4 India Electrical Bushings Market Revenues & Volume, By Extra-High Voltage, 2021-2031F |
6.4 India Electrical Bushings Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Electrical Bushings Market Revenues & Volume, By Transformer, 2021-2031F |
6.4.3 India Electrical Bushings Market Revenues & Volume, By Switchgear, 2021-2031F |
6.4.4 India Electrical Bushings Market Revenues & Volume, By Others, 2021-2031F |
6.5 India Electrical Bushings Market, By End-User |
6.5.1 Overview and Analysis |
6.5.2 India Electrical Bushings Market Revenues & Volume, By Utilities, 2021-2031F |
6.5.3 India Electrical Bushings Market Revenues & Volume, By Industries, 2021-2031F |
6.5.4 India Electrical Bushings Market Revenues & Volume, By Others, 2021-2031F |
7 India Electrical Bushings Market Import-Export Trade Statistics |
7.1 India Electrical Bushings Market Export to Major Countries |
7.2 India Electrical Bushings Market Imports from Major Countries |
8 India Electrical Bushings Market Key Performance Indicators |
8.1 Adoption rate of smart grid technologies in India |
8.2 Number of new power projects announced in the country |
8.3 Percentage of rural electrification achieved in India |
9 India Electrical Bushings Market - Opportunity Assessment |
9.1 India Electrical Bushings Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Electrical Bushings Market Opportunity Assessment, By Insulation, 2021 & 2031F |
9.3 India Electrical Bushings Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.4 India Electrical Bushings Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 India Electrical Bushings Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Electrical Bushings Market - Competitive Landscape |
10.1 India Electrical Bushings Market Revenue Share, By Companies, 2024 |
10.2 India Electrical Bushings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |